Global Peer-To-Peer Electric Vehicle Charging Market to Reach $718 Million by 2030
The global market for Peer-To-Peer Electric Vehicle Charging estimated at US$218.7 Million in the year 2023, is expected to reach US$718 Million by 2030, growing at a CAGR of 18.5% over the period 2023-2030. Level 1 Peer-To-Peer Electric Vehicle Charging, one of the segments analyzed in the report, is expected to record 15.2% CAGR and reach US$166.1 Million by the end of the analysis period. Growth in the Level 2 Peer-To-Peer Electric Vehicle Charging segment is estimated at 19.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $68.6 Million, While China is Forecast to Grow at 18.4% CAGR
The Peer-To-Peer Electric Vehicle Charging market in the U.S. is estimated at US$68.6 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$127.9 Million by the year 2030 trailing a CAGR of 18.4% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.9% and 16% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 13.1% CAGR.
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